The US Postal Service is eliminating delivery of mail on Saturdays because of financial struggles. This decision will become effective from August 2013. A large contributing factor to USPS’s woes is that more people are now using online systems of bill payment. In his interview on Bloomberg’s Bottom Line, US Postmaster General Patrick Donahoe explains the causes of this financial crisis and how they plan to cope with it.

Source: http://www.businessweek.com/videos/2013-02-06/postal-service-hurt-by-online-payment-donohoe-says

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